Entries by script

What is Sustainability Reporting and What Does it Cover?

27th November 2023 /0 Comments/in /by

Sustainability reporting, also known as a sustainability report, is a practice that involves companies disclosing their environmental and social impacts alongside their financial performance. This comprehensive non financial reporting approach enables businesses to transparently communicate their commitment to sustainability goals and build trust with stakeholders, as well as address sustainability challenges. Sustainability reporting entails disclosing […]

Sustainability Reporting vs ESG: What is the Difference?

24th November 2023 /0 Comments/in /by

Environmental, Social and Governance (ESG)and sustainability reporting might look like they mean the same thing, but they’re pretty different. ESG reporting is all about figuring out how a company is doing regarding environmental, social, and governance factors. If you’re thinking about investing in a company, ESG reporting can help you figure out how risky or […]

Seven Principles of Sustainability Reporting

22nd November 2023 /0 Comments/in /by

Sustainability reporting is an essential component of corporate social responsibility and stakeholder engagement. To ensure that your sustainability report is effective and meaningful, it should follow these 7 principles of sustainability reporting: 1. Materiality Focus on the issues that are most relevant to the organization and its stakeholders. 2. Stakeholder Inclusiveness Engage with all stakeholders […]

Key Reasons Why Sustainability Report Writing is Important?

20th November 2023 /0 Comments/in /by

Sustainability report writing plays a crucial role in today’s business landscape, due to rising concerns around economic, environmental, and societal impacts. This article explores the various benefits of sustainability reporting and why it is crucial to have clear guidelines set to provide a comprehensive view of environmental, social, and corporate governance (ESG) activities within an […]

What Are Materiality Factors in Sustainability Reporting?

15th November 2023 /0 Comments/in , /by

In the ever-evolving world of sustainability reporting, one term that stands out is “materiality.” This concept holds a significant place in this landscape. It influences how organizations report on their environmental, social, and governance (ESG) performance.  It also directly ties into a new EU regulation called the Corporate Sustainability Reporting Directive (CSRD), which aims to […]

Key Elements of a Sustainability Report

21st October 2023 /0 Comments/in /by

In today’s fast-paced and socially conscious business landscape, sustainability has become an increasingly important focus for organizations across the globe. As corporations strive to demonstrate their commitment to environmental, social, and economic responsibility, sustainability reports have emerged as powerful tools for transparently communicating their efforts. In this article, we delve into the key elements that […]

IAS 14 – Segment Reporting – Script Consultants

10th March 2021 /0 Comments/in /by

According to International accounting standards 14 Segment reporting, the business should ensure reporting of financial information. The disclosures are required for both primary and secondary segment reporting format. The impact of product and services on risks and returns and the fact that the operations are done in different several geographical areas are included in the […]

IAS 12 – Income Taxes – Script Consultants

5th March 2021 /0 Comments/in /by

IAS 12 Income Taxes deals with both current and deferred taxes on income. Various exceptions and non-ability to reflect the economies of transactions may create difficulty for the users to understand the complex nature of income tax accounting. To solve such a problem, the accounting treatment for taxes is prescribed in International accounting standards 12. […]

IAS 11 – Construction Contracts – Script Consultants

25th February 2021 /0 Comments/in /by

IAS 11 deals with the accounting treatment of revenue and costs which are associated with construction contracts. Generally, the span of projects in the construction industry exceeds one year which means that the work takes more than one accounting year to get finished. Therefore, the issue that arises is the allocation of contract revenue and […]